Safe At Sea

Safe At Sea Interest Coverage

The Interest Coverage Ratio of Safe At Sea (SAFE.SL) as of Oct 22, 2026 is 8.71. In the previous year, Interest Coverage Ratio was 14.70 — a change of -40.73% (lower).

Interest Coverage

8.71

YoY

-40.73%

Last updated:

Interest Coverage Ratio of Safe At Sea is 2025 8.71 . Interest Coverage Ratio of Safe At Sea was 2024 14.70 . It decreases by -40.73% lower compared to the previous year.

The Safe At Sea Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
-52.83 SEK
Jan 1, 2019
-458.00 SEK
Jan 1, 2020
-12.09 SEK
Jan 1, 2021
-66.70 SEK
Jan 1, 2022
-56.77 SEK
Jan 1, 2023
36.67 SEK
Jan 1, 2024
14.70 SEK
Jan 1, 2025
8.71 SEK
The Safe At Sea Interest Coverage history
YEARInterest CoverageYoY
8.71-40.73%
14.70-59.91%
36.67-164.59%
-56.77-14.89%
-66.70+451.58%
-12.09-97.36%
-458.00+766.88%
-52.83-49.19%
-103.97+119.35%
-47.40-95.42%
-1,035.00+28,819.12%
-3.58—

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Safe At Sea Stock analysis

What does Safe At Sea do? Safe At Sea AB develops, manufactures, and trades marine safety solutions, primarily focusing on search and rescue (SAR) systems. The company's main product, Rescuerunner, combines a personal water craft (PWC) with a rescue sled for transportation and underslung helicopter deployment. Customers include the National Sea Rescue Institute in South Africa, Swedish Sea Rescue Society, Red Cross in Norway, and Finnish Border Guard, who purchase these systems for maritime rescue operations. Rescuerunner serves as a specialized rescue unit designed for efficient water-based emergency response. The company generates revenue through the sale of this integrated SAR system to public safety organizations and government agencies. These buyers are specifically named in the business description as key clients for the Rescuerunner product. Safe At Sea AB's business model centers on direct sales of its proprietary Rescuerunner system to national and regional rescue entities. The product's unique design for helicopter underslung use and watercraft integration targets organizations requiring rapid maritime intervention capabilities, such as the Swedish Sea Rescue Society and Finnish Border Guard. Safe At Sea is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Safe At Sea stock

Interest Coverage Ratio of Safe At Sea is 8.71 in 2025.

Interest Coverage Ratio of Safe At Sea changed from 14.70 to 8.71, representing a -40.73% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Safe At Sea since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Safe At Sea with sector peers and the industry average to assess whether it is attractive.

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Leverage — Safe At Sea

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